H.R.620 - Recovering Excessive Stimulus Expenditures for Taxpayers (RESET) Act112th Congress (2011-2012)
|Sponsor:||Rep. Duffy, Sean P. [R-WI-7] (Introduced 02/10/2011)|
|Committees:||House - Appropriations|
|Latest Action:||House - 02/10/2011 Referred to the House Committee on Appropriations. (All Actions)|
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Summary: H.R.620 — 112th Congress (2011-2012)All Information (Except Text)
Introduced in House (02/10/2011)
Recovering Excessive Stimulus Expenditures for Taxpayers (RESET) Act - Rescinds all unobligated balances of the discretionary appropriations made available by division A of the American Recovery and Reinvestment Act of 2009 (stimulus funds).
Requires deposit of such rescinded appropriations in the general fund of the Treasury for federal budget deficit reduction.